Health Insurance Innovations Inc (HIIQ) CEO Gavin Southwell Sells 65,899 Shares of Stock

Health Insurance Innovations Inc (NASDAQ:HIIQ) CEO Gavin Southwell sold 65,899 shares of the firm’s stock in a transaction that occurred on Monday, February 4th. The shares were sold at an average price of $40.31, for a total transaction of $2,656,388.69. Following the completion of the sale, the chief executive officer now owns 609,723 shares of the company’s stock, valued at $24,577,934.13. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Gavin Southwell also recently made the following trade(s):

  • On Friday, April 5th, Gavin Southwell sold 7,647 shares of Health Insurance Innovations stock. The shares were sold at an average price of $40.03, for a total transaction of $306,109.41.
  • On Friday, February 1st, Gavin Southwell sold 6,150 shares of Health Insurance Innovations stock. The shares were sold at an average price of $40.02, for a total transaction of $246,123.00.

NASDAQ:HIIQ opened at $39.22 on Wednesday. Health Insurance Innovations Inc has a 12 month low of $21.20 and a 12 month high of $63.13. The firm has a market cap of $664.78 million, a PE ratio of 32.68 and a beta of 1.81.

Several large investors have recently bought and sold shares of the company. Harvest Fund Management Co. Ltd acquired a new stake in shares of Health Insurance Innovations during the third quarter worth $119,000. Meeder Asset Management Inc. raised its holdings in shares of Health Insurance Innovations by 220.3% during the fourth quarter. Meeder Asset Management Inc. now owns 2,841 shares of the financial services provider’s stock worth $76,000 after purchasing an additional 1,954 shares during the last quarter. Schwab Charles Investment Management Inc. raised its holdings in shares of Health Insurance Innovations by 3.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 61,727 shares of the financial services provider’s stock worth $1,997,000 after purchasing an additional 2,046 shares during the last quarter. IndexIQ Advisors LLC raised its holdings in shares of Health Insurance Innovations by 3.9% during the third quarter. IndexIQ Advisors LLC now owns 78,659 shares of the financial services provider’s stock worth $4,849,000 after purchasing an additional 2,971 shares during the last quarter. Finally, MetLife Investment Advisors LLC raised its holdings in shares of Health Insurance Innovations by 57.1% during the third quarter. MetLife Investment Advisors LLC now owns 9,084 shares of the financial services provider’s stock worth $560,000 after purchasing an additional 3,302 shares during the last quarter. Institutional investors and hedge funds own 83.52% of the company’s stock.

Several equities research analysts have recently commented on HIIQ shares. Craig Hallum lifted their price objective on shares of Health Insurance Innovations from $58.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday, October 30th. BidaskClub upgraded shares of Health Insurance Innovations from a “sell” rating to a “hold” rating in a research note on Thursday, January 10th. ValuEngine downgraded shares of Health Insurance Innovations from a “hold” rating to a “sell” rating in a research note on Tuesday, December 18th. Zacks Investment Research downgraded shares of Health Insurance Innovations from a “hold” rating to a “strong sell” rating in a research note on Saturday, December 29th. Finally, Lake Street Capital lifted their price objective on shares of Health Insurance Innovations from $51.00 to $75.00 and gave the stock a “buy” rating in a research note on Tuesday, October 30th. One investment analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Health Insurance Innovations has a consensus rating of “Buy” and an average price target of $56.78.

COPYRIGHT VIOLATION WARNING: This story was first reported by Enterprise Leader and is the property of of Enterprise Leader. If you are viewing this story on another publication, it was stolen and reposted in violation of US & international copyright and trademark legislation. The legal version of this story can be read at https://theenterpriseleader.com/2019/02/06/health-insurance-innovations-inc-hiiq-ceo-gavin-southwell-sells-65899-shares-of-stock.html.

About Health Insurance Innovations

Health Insurance Innovations, Inc operates as a cloud-based technology platform and distributor of individual and family health insurance plans, and supplemental products in the United States. It offers short-term medical plans that provide three months of health insurance coverage with various deductible and copay levels; health benefit insurance plans, which offer daily cash benefit for hospital treatment and doctor office visits, as well as accidental injury and death or dismemberment benefits; and supplemental insurance products, including pharmacy benefit cards, dental plans, vision plans, cancer/critical illness plans, deductible and gap protection plans, and life insurance policies.

Further Reading: How to find the components of the quick ratio

Insider Buying and Selling by Quarter for Health Insurance Innovations (NASDAQ:HIIQ)

Receive News & Ratings for Health Insurance Innovations Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Health Insurance Innovations and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply